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Profire Energy (FRA:PFR) 6-Month Price Index : 0.93 (As of Jun. 04, 2024)


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What is Profire Energy 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-06-04), Profire Energy's 6-Month Price Index is 0.93.

Competitive Comparison of Profire Energy's 6-Month Price Index

For the Oil & Gas Equipment & Services subindustry, Profire Energy's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Profire Energy  (FRA:PFR) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Profire Energy  (FRA:PFR) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Profire Energy 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Profire Energy's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Profire Energy (FRA:PFR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Profire Energy Inc (FRA:PFR) » Definitions » 6-Month Price Index
Comparable Companies
SND SMGI NINE DTI DWSN FTK NCSM VYEY QSEP SDPI SLB BKR HAL MIL:TEN FTI NOV SHSE:601808 WFRD ASX:WOR CHX
Traded in Other Exchanges
PFIE:USA
Address
321 South 1250 West, Suite 1, Lindon, UT, USA, 84042
Website
https://www.profireenergy.com
Profire Energy Inc is an oilfield technology company operating in the United States. It is engaged in the business of developing combustion management technologies for the oil and gas industry. The company specializes in the creation of burner-management systems, used on a variety of oilfield natural-draft fire tube vessels. In addition to the burner-management systems, the company also sell complementary oilfield products to its customer. Geographically, the company divides its business into two business unit namely the United States and Canada and majority of its revenue comes from the United States.

Profire Energy (FRA:PFR) Headlines

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